5 Bdrm Beach Front Home For Sale El Palmar Panamá

  • $599,000
El Palmar
Featured For Sale Hot Offer

5 Bdrm Beach Front Home For Sale El Palmar Panamá

El Palmar
  • $599,000

Overview

Property ID: BM-ELPalmar
  • Houses
  • Property Type
  • 5
  • Bedrooms
  • 6
  • Bathrooms
  • 550 m2
  • 5920.15 Sq Ft
  • 1990
  • Year Built

Description

Turn This Into An Income-Generating Bed & Breakfast

This was originally built as a hostel and could still be easily reconverted into one…Great potential and business opportunity for the entrepreneur or investor.

El Palmar is super popular with surfers looking for short-term stays, where this property could cater to the high season influx of surfers and families wanting to experience the Pacific coast beach life at an affordable price.

It could also be a residence, as currently, it is owned by a family with lots of children, and it is their happy place.  Pure Beachfront Bliss, which is a rare find, if one considers the amount of land and construction that this property offers, is right on the beach in this price range. 

The property does require some rehabilitation on the seawall after the last surge but overall is move-in ready, electric gate, an empty lot next door, privacy, a quiet beach, walkable to restaurants, a huge yard, 2 story caretaker home, a bar area, outdoor restrooms, dipping pool, 2 elevated terraces with awesome views of the ocean, perfect for sunsets and happy hours, BBQ area near the pool…all the things!

This is a gem and won’t last long! Contact Beth Today To Book A Viewing!
  • Address Calle Quinta, Lote 3
  • City El Palmar
  • State/county Panama Oeste
  • Zip/Postal Code 8801
  • Country Panama

Details

Updated on October 13, 2023 at 9:28 pm
  • Property ID: BM-ELPalmar
  • Price: $599,000
  • Property Size: 550 m2 5920.15 Sq Ft
  • Land Area: 2262 m2 24347.97 Sq Ft
  • Bedrooms: 5
  • Bathrooms: 6
  • Year Built: 1990
  • Property Type: Houses
  • Property Status: For Sale

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Beth McGuyton
  • Beth McGuyton
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